---
title: Quanta Services (PWR) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/pwr
ticker: PWR
as_of: 2026-10-17
sector: Industrials
industry: Engineering & Construction
---
# Quanta Services (PWR)

Quanta Services (PWR) closed at $631.86 on Oct 16, 2026, overvalued by 205% vs its model value of $206.94 (from a five-year discounted cash flow).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $631.86 (Oct 16, 2026) |
| Model value (from a five-year discounted cash flow) | $206.94 |
| Price vs model | overvalued by 205% vs model |
| Range of that model | $132.31 – $405.49 |
| Market value | $95.0B |
| P/E (fiscal 2025) | 92.9 |
| Net margin (fiscal 2025) | 3.6% |
| Free cash flow (fiscal 2025) | $1.6B |
| Dividend yield (trailing twelve months) | 0.07% |
| Beta | 1.27 |
| Cost of capital (WACC) | 9.61% |
| Business classification | Mature & Stable (Moderate growth (~17% recent), Thin margins (3.6% net margin), Moderately volatile earnings) |

## On the stock lists

| List | Place | Figure | Page |
| --- | ---: | ---: | --- |
| Best performing this year | #47 | +49.7% | https://sweetvaluelab.com/lists/best-performing-this-year |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 0.07% |
| Dividends per share, last 12 months | $0.44 |
| Dividends / free cash flow (fiscal 2025) | 3.7% |
| Raised | 7+ years in a row |
| Growth over 5 years | 12.9% a year |
| Latest payment | $0.11, ex-date Oct 1, 2026, paid Oct 9, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Sep 30, 2021 | $0.24 |
| To Sep 30, 2022 | $0.28 |
| To Sep 29, 2023 | $0.32 |
| To Oct 1, 2024 | $0.36 |
| To Oct 1, 2025 | $0.40 |
| Trailing twelve months (to Oct 1, 2026) | $0.44 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | primary | $206.94 | $132.31 | $405.49 |
| DCF · Perpetuity growth · 10y | cross check | $268.29 | $175.76 | $512.07 |
| DCF · EBITDA exit · 5y | cross check | $463.91 | $332.30 | $618.28 |
| DCF · EBITDA exit · 10y | cross check | $509.29 | $347.93 | $723.08 |
| P/E · peers | cross check | $291.01 | $251.57 | $311.24 |
| P/E · own history | cross check | $623.97 | $502.18 | $761.07 |
| PEG | sanity check | $418.52 | $418.52 | $418.52 |
| EV/EBITDA · peers | cross check | $336.10 | $273.31 | $404.43 |
| EV/Revenue · peers | cross check | $366.06 | $308.00 | $433.62 |
| Earnings power value | cross check | $36.88 | $26.94 | $50.50 |
| Dividend discount | cross check | $9.39 | $6.66 | $13.79 |

## Insider activity (SEC Form 4)

No open-market insider buys or sales filed in the past 90 days.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Sep 9, 2026 | Rubin Ellen | Director | Grant / award | 203 | $0 |
| Jun 1, 2026 | BAXTER WARNER L | Director | Option/RSU exercise | 559 | $0 |
| Jun 1, 2026 | BAXTER WARNER L | Director | Option/RSU exercise | 559 | $0 |
| Jun 1, 2026 | Beneby Doyle N | Director | Option/RSU exercise | 870 | $0 |
| Jun 1, 2026 | Beneby Doyle N | Director | Option/RSU exercise | 870 | $0 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Sep 15, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1050915/000119312526391989/d78508d8k.htm |
| Aug 6, 2026 | 8-K | 1.01 Entry into a Material Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1050915/000119312526337945/d164254d8k.htm |
| Aug 5, 2026 | 424B5 | Prospectus supplement | https://www.sec.gov/Archives/edgar/data/1050915/000119312526335074/d115922d424b5.htm |
| Aug 4, 2026 | 8-K | 1.01 Entry into a Material Agreement; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1050915/000119312526331400/d114917d8k.htm |
| Aug 3, 2026 | 424B5 | Prospectus supplement | https://www.sec.gov/Archives/edgar/data/1050915/000119312526329614/d115922d424b5.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| First Eagle | 2026-06-30 | 1,850 | $1.3M |

1 tracked managers in all.

## About

Quanta Services, Inc. is a global provider of specialized contracting solutions. The company operates through three main business segments: The Electric Power Infrastructure Solutions division is dedicated to designing, procuring, constructing, upgrading, repairing, and maintaining critical infrastructure for electric power transmission, distribution networks, and substation facilities. This includes executing projects on live electrical systems for installation, upkeep, and modernization, as well as integrating advanced smart grid technologies. The segment also handles commercial and industrial wiring from design through repair. Furthermore, it furnishes aviation services, vital emergency restoration support, and various other engineering and technical assistance. Quanta Services extends its design and construction expertise to the telecommunications sector, serving wireline and wireles…

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Source: https://sweetvaluelab.com/stocks/pwr (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.